Bradley Beal is actively exploring options with other teams around the NBA ahead of a possible buyout from the Suns, Marc Stein of The Stein Line reports (via Twitter). Stein adds that Beal is expected to have a number of suitors if and when he hits unrestricted free agency.
The Suns have struggled to find a trade partner for Beal, given both the no-trade clause included in his contract and his high cap hit. As a free agent, however, he would represent one of the top talents on the market.
Fred Katz of The Athletic confirms that there is mutual optimism between Beal and the Suns that they will be able to reach terms on a buyout.
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In order for the Suns to exercise the stretch provision on the two years and $110.8MM left on Beal’s contract, he would have to give back roughly $13.9MM in order to meet league rules prohibiting a team from exceeding 15% of the salary cap in stretched money. Gerald Bourguet of PHNX Sports (Twitter link) expects that to happen, citing a source who believes a buyout agreement is “imminent.”
Beal averaged 17.0 points, 3.3 rebounds, 3.7 assists, and 1.1 steals per game last season while shooting 49.7% from the field, 38.6% on three-pointers, and 80.3% from the free throw line while splitting time between the starting lineup and sixth man role, a lineup decision that ultimately proved unable to turn the Suns’ disappointing season around.
While the Heat and Bucks have been cited as team with interest in Beal, he’ll likely have several more suitors beyond those two teams.